Tech Company Financing Transactions
TrueNorth Funding Round
On 4/8/2020, TrueNorth raised $3 million in investment from private investors.
Transaction Overview
Company Name
Announced On
4/8/2020
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
private investors (Kevin Lin)
private investors (Sam Altman)
Proceeds Purpose
The capital will be used to build out the development team, and Stedge plans to hire three to four more people.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Undisclosed
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
Traditional trucking companies still run on paper, emails, phone calls, and snail mail. They're inefficient and bloated. The pressure of low margins suffocates the truckers who actually do the work. Our software changes that. We're giving them superpowers: a dedicated sales and operations team in their pocket. We increase their revenue and decrease their operating cost.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jin Stedge
Chief Technical Officer
Sanjaya Wijeratne
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Where The Data Comes From
We do our best to record all VC transactions involving tech companies. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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